RYDER SYSTEM INC — Director's Dealing 2014

Mar 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RYDER SYSTEM INC (R)
CIK: 0000085961
Period of Report: 2014-03-06

Reporting Person: WILLIFORD JOHN H (President, Global Supply Chain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Common Stock	M	16995	$72.435	Acquired	42995	Direct
2014-03-06	Common Stock	S	16995	$77.43	Disposed	26000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-06	Stock Option (right to buy)	$72.435	M	16995	Disposed	2015-06-23	Common Stock (16995)	Direct

Footnotes

F1: The option exercise and stock sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan established by the Reporting Person on November 26, 2013.

F2: The option, representing the right to purchase 16,995 shares, vests in accordance with the following schedule: 5,665 vested on June 23, 2009, 5,665 vested on June 23, 2010 and 5,665 vested on June 23, 2011.